OTTAWA, ONTARIO - January 29th, 2007
Multicast Networks Holdings Incorporated today announced that wavelet based video compression technology is currently in active development.
Peter Gervais, Vice-President of Engineering for Multicast Networks, says “Wavelet is a type of video codec (encoder / decoder) that is specifically designed to be utilized with the Internet. It has several advantages over other compression techniques as follows.”
-> More resilient if packets are lost during transmission
-> An infinite number of lower-resolution streams can easily be decoded from a single ‘parent’ stream
-> Lower bandwidth usage
-> Capable of handling high-definition broadcasts
Gervais adds, “Wavelet will be the cornerstone of our peer-to-peer network development and will put MCN at the forefront of streaming technology.”
MultiCast Networks Holdings Inc., is a leading provider of premier sports, security, business, and events web-casting production company in North America. MCN provides simplified streaming solutions using the latest streaming technology. Through the vast and proven experience of its executive management team and key relationships with its partners and affiliates. The corporate mission of MCN is to pursue excellence in providing security solutions, streaming media in all areas of the entertainment industry, including sports, concerts and other high-profile events. MCN also provides encoding services to convert your analogue or digital content to a digitised format for viewing on the Internet or your corporate Intranet. MCN employs the latest technology in the streaming, hosting, storage, and encoding industries. Our backbone providers include AT&T, Qwest, Sprint, Time Warner Telecom and UUNet. Our servers and storage architecture include hardware from Cisco, and Intel based proprietary units.
MultiCast Networks Holdings Inc., is headquartered in Ottawa, Ontario, Canada with its U.S. office headquartered in North Miami, Florida.
For further information contact: Marc Brunet, President & C.E.O. MultiCast Networks Holdings Inc. Canada Office: 613.739-1527 U.S. Office: 305.895-5525 Email: mbrunet@mcn.tv
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